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Pricing

2023
Flag → Flag
Exports $141kRnk 209 / 220
2023
Flag → Flag
Top Product $113kPhotocopiers
2023
Flag → Flag
Exports $186kRnk 19 / 70
2023
Flag → Flag
Top Product $128kCassava
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
 GDP$2.08BCURRENT US$
Rnk 176 / 195
2013-2023
Flag
GDP GROWTH49%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC$1,503CURRENT US$
Rnk 167 / 196
2013-2023
Flag
GDP PC GROWTH24.7%CURRENT US$
Rnk 88 / 195

About

Spain-Timor-Leste Trade: In 2023, Spain exported $141k to Timor-Leste. The main products that Spain exported to Timor-Leste were Photocopiers ($113k), Other Furniture ($21.6k), and Sports Equipment ($5.31k). Over the past 5 years the exports of Spain to Timor-Leste have decreased at an annualized rate of 8.88%, from $224k in 2018 to $141k in 2023.

In 2023, Spain did not export any services to Timor-Leste.

Timor-Leste-Spain Trade: In 2023, Timor-Leste exported $186k to Spain. The main products that Timor-Leste exported to Spain were Cassava ($128k), Other Inedible Animal Products ($31.1k), and Gas Turbines ($11.1k). Over the past 5 years the exports of Timor-Leste to Spain have increased at an annualized rate of 80.5%,  from $9.72k in 2018 to $186k in 2023.

In 2023, Timor-Leste did not export any services to Spain.

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). That same year, Timor-Leste ranked 191 in total exports ($163M), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2024

About

Overview In October 2024, Spain exported €267 and imported €31.1 from Timor-Leste, resulting in a positive trade balance of €236. Between October 2023 and October 2024 the exports of Spain have decreased by €-299 (-52.8%) from €565 to €267, while imports increased by €26.1 (522%) from €5 to €31.1.

Trade In October 2024, the top exports of Spain to Timor-Leste were Electrical Lighting and Signalling Equipment (€723) and Commodities not elsewhere specified (€142). In October 2024 the top imports of Spain from Timor-Leste were Engine Parts (€1.1k).

Origins In October 2024 the exports of Spain were mainly from N/A, while imports destinations were mainly N/A.

Growth In October 2024, the decrease in Spain's year-by-year exports to Timor-Leste was explained primarily by an decrease in product exports in . In October 2024, the increase in Spain's year-by-year imports  from Timor-Leste was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)€-299(-52.8%)
IMPORT GROWTH (October 2023 - October 2024)€26.1(522%)

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Timor-Leste and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $141k to Timor-Leste. The main products exported from Spain to Timor-Leste were Photocopiers ($113k), Other Furniture ($21.6k), and Sports Equipment ($5.31k). During the last 5 years the exports of Spain to Timor-Leste have decreased at an annualized rate of 8.88%, from $224k in 2018 to $141k in 2023.

In 2018, Timor-Leste exported $186k to Spain. The main products exported from Timor-Leste to Spain were Cassava ($128k), Other Inedible Animal Products ($31.1k), and Gas Turbines ($11.1k). During the last 5 years the exports of Timor-Leste to Spain have increased at an annualized rate of 80.5%, from $9.72k in 2023 to $186k in 2018.

Exports from Spain (Flag) to Timor-Leste (Flag) (2023)

Exports from Timor-Leste (Flag) to Spain (Flag) (2023)

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Timor-Leste
Top DestinationChina$74.7M

This map shows whether countries import more from Spain or Timor-Leste. Each country is colored based on the difference in imports they receive from Spain and Timor-Leste or the difference in the growth in imports.

In 2023, countries that imported more from Spain than Timor-Leste included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, no countries were registered that imported more from Timor-Leste than from Spain.

Difference in imports from Timor-Leste (Flag) and Spain (Flag) (2023)

Comparative Advantage Spain - Timor-Leste

Flow
Scale

This chart compares trade between Spain and Timor-Leste by product, considering products traded by both, Spain and Timor-Leste.

During 2023, Spain had a large net trade with Timor-Leste in the exports of Instruments ($113k), Miscellaneous ($26.9k), and Textiles ($498).

During 2018, Timor-Leste had a large net trade with Spain in the exports of N/A.

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Timor-Leste. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Timor-Leste. Similarly, a dot/product with the flag of Timor-Leste indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Timor-Leste (Flag) (2023)

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